Export Trading Company

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Export Trading Company (ETC)

A company serving as the export department of other firms. They usually take title, risk and responsibility for the goods they export.

Export Trading Company

A company that supervises the exportation process for clients. Often, there are legal requirements that must be filled before a country allows its goods to be exported; export trading companies navigate these requirements and regulations. They operate like an export division for a company that does not have an export division. They may be local or foreign; sometimes they even operate in the country that imports the goods. They charge either a fee or a commission for their services. They are also called export management companies.
References in periodicals archive ?
Afreximbanks Intra-African Trade Strategy identifies facilitating the emergence and expansion of export trading companies as a quick way of accelerating the growth of intra-African trade.
One is to wire the money to export trading companies for money laundering.
Afreximbank identified Egypt as one of five hubs for the facilitation of intra-regional trade in Africa, and was working to support the re-emergence of export trading companies across the continent.
The inescapable fact is that the Claimant has been effectively denied IEPS rebates for the April 1996 through November 1997 period, while domestic export trading companies have been given rebates not only for much of that period but through at least May 2000, suggesting that Article 4(III) of the law has been de facto waived for some, if not all, domestic firms.
The Export Trading Company Act of 1982 created the Eximbank (Export-Import Bank), which is an independent US government agency whose purpose is to guarantee loans to export trading companies.
Unlike the preceding situation, export trading companies purchase products directly from unrelated parties to sell to their customers.
Merchants that export goods of unrelated companies include export trading companies and cooperatives.
Export management companies (EMCs) and export trading companies (ETCs) are the two types of organizations typically used by U.
This article is the first empirical study of Export Trading Companies (ETCs).
freight forwarders, export trading companies, consultants, and brokers.
Priorities under the strategy include deepening access to trade information; Formalizing informal intra-African trade by supporting the emergence and growth of export trading companies to serve as institutional vehicles for intra-African trade; Broadening intra-African trade to Include the Diaspora; Addressing the issue of fragmented financial markets and multiple currencies; and Promoting the production of dynamic goods through implementing an Industrialization/Export Manufacturing Strategy as a component of IMPACT 2021, the Banks five-year strategy.